In Year 2023 i start with a second version. Means NOT that first version do not work!
Read from post 259 for the use of second version. And as always, i do not allow to trash this thread with unsuitable posts or flooding it with all avaible indicators. Ever it is possible to ask with message if stuff suit it here, BEFORE posting it. Do you ignore that i will ignore you for sure fast!
I have made thoughts for a exit strategy. Please read for this post 274
Now we have the EA fo this system. Flowerhorn has done great work.
Go and get it!
https://www.forexfactory.com/showthr...2#post12234382
From now on, if you not can share a EA with the setting, that doing the trading as i shared here, do not post!
Further if you want to give an EA, first wrote in your own words (private message), how this system work and what you have understand. I do not want to have a threat flooded by EAs that not suit my system. If you ignore that, i will you block!
Hello,
before giving some details i want you to know, that i am not here to going in fights. If you want to make this here to a battlefield, i set you to ignore as fast as i see your mad turn!
My english is not good, i know about it, but will also post this in the trading system corner, beside the posts in my older thread.
If you love to analyze your charts in and out, fill it with countless indicators and drawings, you better move on, this is not that makes you happy.
This system is for you, if you have not the mood to analyze your chart or have not much time for it. I do also not know if this system is avaible or not, because i have not read all informations on forex factory.
The core part is money management. Trade small positions! This system ONLY work if you beware of it! Do not force to want have unrealistic growth with it or stop reading here and move on.
Have you all read carefully and understand? So if you ready i will give now the details.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
I trade this with EURUSD the last weeks and have no result with other pairs.
All 20 Pips i have a buy AND sell order with only set the TP on the high of the next pair.
Example:
Pair 1 set at 1.130 buy and sell
TP for the sell trade is 1.128
TP for the buy trade is 1.132
Pair 2 set at 1.132 buy and sell
TP for the sell trade is 1.130
TP for the buy trade is 1.134
hope you will get it. If a trade hit the TP, we have a new pair starting.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Take bad positions out as fast as possible. Mostly the oldest trades we take out.
Example:
We have 60 Pips in TP and 20 Pips running in negative, close the in loss. We do not know what the price will next reach.
This is not a quick rich system and will never be! We going to grab some pips without over analyzing our charts only by fishing.
Go to this posts to get in my thinking reducing loss.
Posts must see in combination of question and answer.
131, 132, 136
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Put the trades back in place if hit through TP or taking out.
Example:
buy trade from 1.130 is closing in TP at 1.132 and price go higher, replace the buy trade at 1.13
we take a sell trade in loss out, replace it at starting point.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
It is not hard to get, the most difficult part is to take a realistic position size. If you trade this with an EU regulated account with less leverage and take to high positions, you have no room for big movements and manage the loss positions. With 1000 Euro and 0.1 lot you will go in trouble i think, have no test this yet.
Now my account this week ...
another trade is going in tp
Edit: If we have a movement from 500 Pips without a retrace (how often we will this have?) and we have a trade position from complete 3.25 (counting all single position if we trade 0.01 lot for a single trade), our account must be able to hold the losing position from around 580 Euro - 6500 Pips losing Position, so i would recommend to trade this method with enough money in account or switch over to another one (be ready to let you trick out at all these important points)!!!
Please calculate first what you need to trade this system, BEFORE you use it!
I will this not more discuss in future, be sure you know this! Read it more as 10 times to get it right!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please, if you post a tool, make sure you will also give settings and discribe it. If you ignore this point i will tell you to delete your tool and in the next step if you further ignore this, you will go to my ignore list. I do not like to do this, but if i have no chance to keep this thread clear, i will do it.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
This is not the place to share any avaible indicator!
Read from post 259 for the use of second version. And as always, i do not allow to trash this thread with unsuitable posts or flooding it with all avaible indicators. Ever it is possible to ask with message if stuff suit it here, BEFORE posting it. Do you ignore that i will ignore you for sure fast!
I have made thoughts for a exit strategy. Please read for this post 274
Now we have the EA fo this system. Flowerhorn has done great work.
Go and get it!
https://www.forexfactory.com/showthr...2#post12234382
From now on, if you not can share a EA with the setting, that doing the trading as i shared here, do not post!
Further if you want to give an EA, first wrote in your own words (private message), how this system work and what you have understand. I do not want to have a threat flooded by EAs that not suit my system. If you ignore that, i will you block!
Hello,
before giving some details i want you to know, that i am not here to going in fights. If you want to make this here to a battlefield, i set you to ignore as fast as i see your mad turn!
My english is not good, i know about it, but will also post this in the trading system corner, beside the posts in my older thread.
If you love to analyze your charts in and out, fill it with countless indicators and drawings, you better move on, this is not that makes you happy.
This system is for you, if you have not the mood to analyze your chart or have not much time for it. I do also not know if this system is avaible or not, because i have not read all informations on forex factory.
The core part is money management. Trade small positions! This system ONLY work if you beware of it! Do not force to want have unrealistic growth with it or stop reading here and move on.
Have you all read carefully and understand? So if you ready i will give now the details.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
I trade this with EURUSD the last weeks and have no result with other pairs.
All 20 Pips i have a buy AND sell order with only set the TP on the high of the next pair.
Example:
Pair 1 set at 1.130 buy and sell
TP for the sell trade is 1.128
TP for the buy trade is 1.132
Pair 2 set at 1.132 buy and sell
TP for the sell trade is 1.130
TP for the buy trade is 1.134
hope you will get it. If a trade hit the TP, we have a new pair starting.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Take bad positions out as fast as possible. Mostly the oldest trades we take out.
Example:
We have 60 Pips in TP and 20 Pips running in negative, close the in loss. We do not know what the price will next reach.
This is not a quick rich system and will never be! We going to grab some pips without over analyzing our charts only by fishing.
Go to this posts to get in my thinking reducing loss.
Posts must see in combination of question and answer.
131, 132, 136
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Put the trades back in place if hit through TP or taking out.
Example:
buy trade from 1.130 is closing in TP at 1.132 and price go higher, replace the buy trade at 1.13
we take a sell trade in loss out, replace it at starting point.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
It is not hard to get, the most difficult part is to take a realistic position size. If you trade this with an EU regulated account with less leverage and take to high positions, you have no room for big movements and manage the loss positions. With 1000 Euro and 0.1 lot you will go in trouble i think, have no test this yet.
Now my account this week ...
another trade is going in tp
Edit: If we have a movement from 500 Pips without a retrace (how often we will this have?) and we have a trade position from complete 3.25 (counting all single position if we trade 0.01 lot for a single trade), our account must be able to hold the losing position from around 580 Euro - 6500 Pips losing Position, so i would recommend to trade this method with enough money in account or switch over to another one (be ready to let you trick out at all these important points)!!!
Please calculate first what you need to trade this system, BEFORE you use it!
I will this not more discuss in future, be sure you know this! Read it more as 10 times to get it right!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please, if you post a tool, make sure you will also give settings and discribe it. If you ignore this point i will tell you to delete your tool and in the next step if you further ignore this, you will go to my ignore list. I do not like to do this, but if i have no chance to keep this thread clear, i will do it.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
This is not the place to share any avaible indicator!
Market is more simple as you think.